I too have the same problem. I have a "store bought" HP Pavilion Elite HPE quad core 8 Gig ram, windows 7 (home) and CS5.5 Production Premium The moment I click on the "Extract audio from CD" the program crashes. Sure looks like a bug to me.

With RDA972's help we found a problem in the code for CS5.5 when enumerating the drives on the system. This should be fixed in CS6, but the issue was probably also in Audition 3 and before. If any of you still have previous versions, does the crash you're experiencing happen in any other version of Audition or onl CS5.5?